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Daily RedAlert - 1/18/23

Relevant Press

Wholesale prices fell 0.5% in December, much more than expected; retail sales fall - CNBC

“The producer price index declined 0.5% for the month, compared to the Dow Jones estimate for a 0.1% decrease.”

The true ROI of engaged and happy employees - ASBN

“Statistics show that unhappiness among employees can cost business owners almost 34% of their total revenue.”

New Study Reveals Pressing Need for Transparent Growth Opportunities to Improve Employee Engagement and Retention - Business Wire

“The study found that 73% of workers today want to know about career opportunities inside their organization, and employees who don’t have visibility into internal career opportunities are nearly three times more likely to say they wouldn’t be interested in other jobs at the company.”

Nearly half of employees, managers would take a 20% pay cut to be trusted more - HR Dive

“Forty-seven percent of employees and managers would be willing to give up 20% of their pay for more trust in the workplace, according to a Jan. 11 State of Employee Trust Report report by security platform provider Cerby. Similarly, 81% of employees said they experienced more energy, happiness and productivity when they felt trusted at work, the report found.”

Microsoft plans to cut thousands of jobs, according to report - CBS News

“Major technology players including Amazon, Meta and Twitter have also shed thousands of jobs in recent months. In December alone, tech sector companies cut more than 16,100 jobs, according to outplacement firm Challenger, Gray and Christmas. The industry shed the most jobs of any sector last year, eliminating 100,000 positions in 2022.”

College professor claims he’s being fired for asking questions during campus diversity meeting - New York Post

“Tenured Bakersfield College history professor Matthew Garrett said he and other faculty members of a free speech coalition were targeted with false allegations after they asked questions during a campus diversity meeting last October. Shortly afterwards, Garrett received a notice of unprofessional conduct by the administration that claimed he had caused ‘real harm’ to students and said he was being removed from the diversity committee ‘effective immediately.’”

RedBalloon in the News

H3: Working 9 to 5 in an Office is Outdated 1-17-23 - Tim Jones & Chris Arps Show

CGR MONDAY 011623 HR 1 Rick Manning Andrew Crapuchettes - Chosen Generation Radio Current Shows

The Daily RedAlert is a collection of news stories that relate to business, the economy and freedom in the workplace. Are you looking for workplace freedom? Apply for work on!

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